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Select Board reviews road maintenance funding and capital reserve carryover
5063785 · June 3, 2025
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Summary
Board members reviewed Article 16 (roads and paving capital reserve), discussed year‑to‑date spending, carryforward mechanics and whether contracts obligating funds before July 1 would use the current fiscal year's funds or next year's capital reserve.
At the May 27 meeting the Select Board examined Article 16, the appropriations and capital reserve entries for roads and paving. Staff reported year‑to‑date road maintenance spending of $278,194 and a balance that could be carried into a roads reserve of about $119,826 if not spent before the fiscal year ends.
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